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The 448MW Neart Na Gaoithe offshore wind project has passed its 12-month Contracts for Difference (CfD) milestone, Low Carbon Contracts Company (LCCC) said.
SSE has welcomed the UK Government’s Contracts for Difference (CfD) budget announcement, however, the company added that setting out strike prices approaching subsidy-free levels was ambitious and that the capacity cap was disappointing.
The 1.5GW Seagreen Phase 1 offshore wind project is entering into May 2019’s Contracts for Difference (CfD) auctions, SSE plc, the owner and developer of the project in Scotland, said.
The UK Department for Business, Energy and Industrial Strategy (BEIS) has issued a draft budget notice amounting to GBP 60 million for the third Contracts for Difference (CfD) round.
The UK government plans to publish its final policy decisions on changes to the Contracts for Difference(CfD) scheme for the third allocation round this month.
The UK government plans to set out the parameters of the next year’s Contracts for Difference auction later this year, Energy and Clean Growth Minister Claire Perry said.
RenewableUK has welcomed the announcement by the UK government on new Contracts for Difference (CfD) auctions for offshore wind, emphasizing that it means the UK’s offshore wind capacity is set to nearly double over the next decade.
Seagreen Wind Energy Limited is preparing to bid in the next UK Contracts for Difference (CfD) auction for the Seagreen Alpha and Seagreen Bravo wind farms, which is scheduled for Spring 2019.
The 2017 Contracts for Difference (CfD) will cost UK consumers significantly more relative to the additional capacity secured due to the changes in the auction design which allowed small fuelled-technology projects to raise the strike price of larger projects, National Audit Office (NAO) has found.
The 402MW Dudgeon offshore wind farm entered full operation in October and has started receiving difference payments on generated electricity.
The next UK Contracts for Difference (CfD) auction is planned for spring 2019, the UK Government informed today, along with the announcement that up to GBP 557 million will be made available for renewable energy projects as part of the Clean Growth Strategy.
WindEurope has called on the UK and other European governments to provide more clarity to the offshore wind industry after 2020 by committing to ambitious offshore wind deployment targets. The association’s call came yesterday, 11 September, following the results of the UK Contracts for Difference (CfD) auction.
Scotland’s Moray Council has welcomed the awarding of the Contract for Difference to the 950MW Moray Offshore Windfarm (East) project, adding that Buckie harbour is ideally placed to support the construction of the project.
Statkraft and innogy, the developers of the 860MW Triton Knoll wind farm off Lincolnshire, England, plan to take the Final Investment Decision (FID) on the project by mid-2018.
RenewableUK is predicting a significant fall in the cost of offshore wind when the results of long-awaited competitive auctions for new contracts to provide clean electricity are unveiled next week.
DONG Energy plans to submit a bid in the UK Contract for Difference (CfD) auction for the Hornsea Project Two offshore wind farm on 14 August, Henrik Poulsen, the Danish company’s CEO and President, said.
An arbitration tribunal has ruled in favour of Mainstream Renewable Power in relation to the dispute over the Low Carbon Contracts Company (LCCC) terminating the Contract for Difference (CfD) for Mainstream’s 450MW Neart na Gaoithe wind farm off Scotland.
The UK Government is set to open the second Contracts for Difference (CfD) Allocation Round on 3 April, when it will make a total of GBP 290 million available for renewable energy projects, including offshore wind.